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Jan 15, 2013
01/13
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since 2003, the economy has been steadily growing. but most of that growth hinges on mining copper and other raw materials. and this concerns jakamba. >> we are used to buy things, supplying raw materials to the western world. then we receive finished products. why don't we have finished products ourselves and export to the rest of the world? >> reporter: to get his business growing, chikamba hired ten young people. two years later, they came out with a product that's caught on big in zambia. it's called a bicycle with a long covered. many hospitals in zambia can't afford a truck. so it's in big demand. but chikamba had another idea, to make a bicycle using material that grows locally, bamboo. >> it's a bit of a product. we have excess in africa. coming to a point to convert it to a bike, it's something that's a novelty. it's unique. >> reporter: bamboo in zambia is very durable. its thickness is just right for bicycle frames. once the bamboo dries out, workers cut it. then they join it. next, they bind it several times. after the res
since 2003, the economy has been steadily growing. but most of that growth hinges on mining copper and other raw materials. and this concerns jakamba. >> we are used to buy things, supplying raw materials to the western world. then we receive finished products. why don't we have finished products ourselves and export to the rest of the world? >> reporter: to get his business growing, chikamba hired ten young people. two years later, they came out with a product that's caught on big...
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Jan 15, 2013
01/13
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the economy is contracting -- few feel like celebrating. the economy is contracting. the unemployment rate is higher than before ben ali's ousting. >> it is one of the largest religious gatherings in the world. millions of indians have bates together in the ganges to mark the start of the -- have bathed together in the ganges to mark the start of the maha kumbh mela religious festival. >> environmentalists have warned before that the ganges is heavily polluted. some 110 million people are expected to take part in the religious festival, which runs until mid-march. that is all for now. remember, you can find out more about these and other stories at our website, www.dw.de. >> thank you for watching. see you next time. captioned by the national captioning institute --www.ncicap.org--
the economy is contracting -- few feel like celebrating. the economy is contracting. the unemployment rate is higher than before ben ali's ousting. >> it is one of the largest religious gatherings in the world. millions of indians have bates together in the ganges to mark the start of the -- have bathed together in the ganges to mark the start of the maha kumbh mela religious festival. >> environmentalists have warned before that the ganges is heavily polluted. some 110 million...
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Jan 23, 2013
01/13
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KCSM
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and those facilities are the lifelines of the algerian economy. and thus they are guarded very heavily. but this time terrorists managed to damage that facility. up until quite recently the western alliance really didn't take those terrorists in mali and this area seriously. but now that this incident took place, one would suppose that france would continue their military operation against islamists in northern maui and uk will join in their efforts and probably the united states will support that operation. so in a sense the islamists in northern mali will face the united front of the western alliance and for the first time. and probably they are forced to lose control of northern mali. and if they are in a desperate position, it's most likely it will result in a desperate terrorist act again. >>> business school administrators are busy updating their courses. they're emphasizing global experience in response to the rise of emerging economies. harvard business school has been leading this trend. dean nitin-noriya create aid program that sends stu
and those facilities are the lifelines of the algerian economy. and thus they are guarded very heavily. but this time terrorists managed to damage that facility. up until quite recently the western alliance really didn't take those terrorists in mali and this area seriously. but now that this incident took place, one would suppose that france would continue their military operation against islamists in northern maui and uk will join in their efforts and probably the united states will support...
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Jan 15, 2013
01/13
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LINKTV
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but they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. you can count on that the things i have said in the past, the belief we have to have stronger background checks and we can do a much better job in terms of keeping these magazine clips with high capacity of the hands of folks that should not have them. the assault weapons ban is meaningful and those of the things i continue to believe make sense. will all of them get through this congress? i don't know. >> welcome back. these of the stories making headlines. france is sending more troops to end terrorists linked troubles. the united nations is meeting over west african troops the health of the army defeat the rebels. france wants the security council the speed of the deployment of more than 3000 soldiers to form an intervention force. and a cleric that he calls a long march says he wants government dissolved by tuesday morning.
but they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. you can count on that the things i have said in the past, the belief we have to have stronger background checks and we can do a much better job in terms of keeping these magazine clips with high capacity of the hands of folks that should not have them....
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Jan 22, 2013
01/13
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KCSMMHZ
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the document also addresses the role of the government in revitalizing japan's economy. it describes how politicians should promote growth and restore fiscal health. along with drafting the joint statement, boj officials have agreed to introduce open-ended asset purchasing. under a new program from january 2014 the central bank will purchase a certain amount of financial assets every month. no termination date is being set for the scheme. the new measure will expand the total size of the asset purchase program, or app, by about 10 trillion yen, or $110 billion, in 2014. the program is expected to be maintained in the future. following the boj meeting, central bank governor and the finance minister aso reported on the release of the joint statement to prime minister abe at his office. >> translator: the government strongly hopes the bank of japan will continue to promote a strong monetary easing policy in order to achieve the goal. >> translator: the bank of japan believes it is important to realize sustainable growth by overcoming deflation at an early stage and achievin
the document also addresses the role of the government in revitalizing japan's economy. it describes how politicians should promote growth and restore fiscal health. along with drafting the joint statement, boj officials have agreed to introduce open-ended asset purchasing. under a new program from january 2014 the central bank will purchase a certain amount of financial assets every month. no termination date is being set for the scheme. the new measure will expand the total size of the asset...
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the american economy is not coming back neither is the british economy because the banks committed what's called a scorched earth being decimated the economy there is no potential for growth or jobs coming back because it's been utterly destroyed and glenn beck and these other folks know this so they're busy building castles surrounded by moments and on guns to try to hold on to the money that they stole but indeed in fact one of the at the forefront of this has been koch industries they've been behind the notion that workers should get paid less and less that you should compete with china so developer pitches one billion dollar commonwealth for belle isle a group of billionaires who have made their fortunes from corporate welfare want to turn an island park located in the detroit river into an offshore tax saving the guys behind this one of them was the former head of chrysler who drove with lee iacocca to washington d.c. to get jimmy carter at the time to bail out chrysler putting aside for a second the question of whether or not the koch brothers. you know this reminds me of the crusad
the american economy is not coming back neither is the british economy because the banks committed what's called a scorched earth being decimated the economy there is no potential for growth or jobs coming back because it's been utterly destroyed and glenn beck and these other folks know this so they're busy building castles surrounded by moments and on guns to try to hold on to the money that they stole but indeed in fact one of the at the forefront of this has been koch industries they've...
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many people say huge parts of it's a huge factor in its economy and it's something that not only mali but specifically niger and other neighboring parts where the tourist people reside. sits on top of almost every single light bulb in france runs on electricity generated by nuclear power power relies on a steady flow of here raney and so you don't have to be a nuclear physicist to figure out that to keep all these bright lights on the french government depends on a steady flow of the precious natural resource but molly says mr alarmed is no it's about power or money so that you know security this is nothing to do with any political issue from a different time if we are defending a government or business interests which government which business. some have their suspicions nationally supported the courage energy company. is about to finish the second largest ukrainian mining plant in the world next to mali every year the cars to be exact in this uranium is going to be very cheap there's a third world very cheap. france is playing a very dangerous game and after the french military offe
many people say huge parts of it's a huge factor in its economy and it's something that not only mali but specifically niger and other neighboring parts where the tourist people reside. sits on top of almost every single light bulb in france runs on electricity generated by nuclear power power relies on a steady flow of here raney and so you don't have to be a nuclear physicist to figure out that to keep all these bright lights on the french government depends on a steady flow of the precious...
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find out what's really happening to the global economy with mike scott.
find out what's really happening to the global economy with mike scott.
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find out what's really happening to the global economy. or. welcome back. is now officially beginning his second presidential term having taken the oath of office at the white house on monday is expected to spout the prospects for the next four years and to deliver on some promises is so far failed to keep. was the former head of america's libertarian party believes the changes. i'm not sure that we should give president obama credit for united states. i think we would have seen the united states coming out of our economic system where he should regardless of what president obama. was efforts of stimulus indeed i suspect that in some ways efforts by the obama administration actually slowed down the american way with respect to the foreign policy there are a few hopeful signs over the nomination haykel by but given the extent to which the obama administration still seems to be whether to program using drones the power has the various laws specifically the issue of being able to target and assassinate people sensibly around the world including the fears ameri
find out what's really happening to the global economy. or. welcome back. is now officially beginning his second presidential term having taken the oath of office at the white house on monday is expected to spout the prospects for the next four years and to deliver on some promises is so far failed to keep. was the former head of america's libertarian party believes the changes. i'm not sure that we should give president obama credit for united states. i think we would have seen the united...
WHUT (Howard University Television)
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Jan 17, 2013
01/13
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. >> jakarta, the capital of southeast asia's largest economy. today, brought to its knees because of rising floodwaters. karzai broken-down. motorcycles have been left stranded on the roads that have turned into rivers. jakartans are used to dealing with floods. this happens every year because of the parental reins. but this time, even the usually immune central business district has been affected. this is the central business district. this part of the city is not usually so badly affected by the heavy flooding that accompanies the seasonal rains. but this time around you can see for yourself that this city has been paralyzed as many other parts of jakarta, of also been because of the rain. officials have warned over the next few days the trains will continue to increase. that could mean floodwaters year end around jakarta will continue to rise. security staff are preparing for the worst, lining up entrances other buildings with sandbags. the floods are also affecting business in the capital city. many have struggled to get to work and offices
. >> jakarta, the capital of southeast asia's largest economy. today, brought to its knees because of rising floodwaters. karzai broken-down. motorcycles have been left stranded on the roads that have turned into rivers. jakartans are used to dealing with floods. this happens every year because of the parental reins. but this time, even the usually immune central business district has been affected. this is the central business district. this part of the city is not usually so badly...
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Jan 15, 2013
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. >> major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: battle lines were drawn at either end of pennsylvania avenue today over the national debt and government spending. the opening shots came from president obama at his white house news conference. >> i thought it might make sense to take some questions this week as my first term comes to an end. >> brown: the questions were dominated by the looming debt ceiling fight. the president sternly warned republicans not to balk at raising the nation's borrowing limit. >> they will not collect a ransom in exchange for not crashing the american economy. the financial well bein
. >> major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs...
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Jan 18, 2013
01/13
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CNBC
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this is a developing economy. so in terms of guidelines, the latest figures that we saw for 2012 in terms of gdp or for industrial output and everything else that we saw today looks as though it's point to go a rebound for the chinese economy. although the big question is whether or not this is a full blown recovery and we just don't have those answers yet. kelly. >> eunice, thanks very much recording in from the evening in beijing. you can see the increase in smog we've been seeing all week there. for more on what's happening in china, lewis patz. welcome. thank you so much for your time today. let's start, because as we just heard from eunice, there's a sense that maybe if the decimal point doesn't tell you the whole story, it does add to the feeling growth is turning around. do you expect in 2013 that we see a pick up in china? >> yes. i do think that 2013 as a whole will look better than 2012 did. we started 2012 very weak. we ended 2012 a bit better and we enter 2013 stronger. so it's that momentum that reall
this is a developing economy. so in terms of guidelines, the latest figures that we saw for 2012 in terms of gdp or for industrial output and everything else that we saw today looks as though it's point to go a rebound for the chinese economy. although the big question is whether or not this is a full blown recovery and we just don't have those answers yet. kelly. >> eunice, thanks very much recording in from the evening in beijing. you can see the increase in smog we've been seeing all...
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Jan 15, 2013
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economy. >>> and jump t to the top of the ftse 100 after third quarter revenue beat the forecast, burberry had earnings higher than expected. >>> all right. sorted out my mike issues. "worldwide exchange" is slightly different today because we're analyzing the first german gdp numbers. >> and i come to the u.s. where it's all annualized and we stick to the european data and it's quarter on quarter. given the context, we're still working through what all that means. >> exports in november, down 94.1 billion is where we essentially went. 98.4 billion was the october numbers. so exports in november driving down. and that gdp number is worth pulling out. exports for the year, up 4.1%. as far as production is concerned, it was up 2% in november. but the forecast were for it to rise up 1%. it was a very weak october, as well. it was this production and that production number. when that came out, it essentially made people put a pretty fourth quarter in the whole, kelly. what we're trying to do is de
economy. >>> and jump t to the top of the ftse 100 after third quarter revenue beat the forecast, burberry had earnings higher than expected. >>> all right. sorted out my mike issues. "worldwide exchange" is slightly different today because we're analyzing the first german gdp numbers. >> and i come to the u.s. where it's all annualized and we stick to the european data and it's quarter on quarter. given the context, we're still working through what all that...
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Jan 16, 2013
01/13
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CURRENT
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energy policy around, and started getting us transitioned from the old fossil fuel based economy from the last century to the near zero emission energy system of the 21st century, then he needs to deny the permit to this pipeline and send a signal that we cannot be expanding last century's fossil fuel infrastructure and expect to wind up with a 21st 21st century energy system. >> cenk: all right let's keep it real. if he does approve it, is he sending the opposite signal, that i just talked about climate change but in reality, i don't think it's that big a deal. >> so far it's hard to really identify anything concrete that president obama has done on the climate issue to really bring down emissions. if he approves key stone he can excel, that will be a concrete action to increase emissions and i think that president obama's legacy on the climate issue will be a shameful one. >> cenk: strong language. by the way, out of curiosity what do you think he's going to do? >> well, you know, i'm not one to predict the future. put it this way i've never been proven wrong by being too cynical. >
energy policy around, and started getting us transitioned from the old fossil fuel based economy from the last century to the near zero emission energy system of the 21st century, then he needs to deny the permit to this pipeline and send a signal that we cannot be expanding last century's fossil fuel infrastructure and expect to wind up with a 21st 21st century energy system. >> cenk: all right let's keep it real. if he does approve it, is he sending the opposite signal, that i just...
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Jan 23, 2013
01/13
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economy. >>> now in a long-anticipated speech on the future of britain in the european union, prime minister cameron has warned that democratic consent from a u.k. membership is "wafer thin." speaking in london, he said he's in favor of having e.u. referendum but not at the moment and urged e.u. leaders to address the challenges currently alienating the electorate. >> there's a gap between the e.u. and citizens which has grown dramatically in recent years and which represents a lack of democratic accountability and consent that is, yes, felt particularly acutely here in britain. now if we don't address these challenges, the sdarj that europe will -- danger is that europe will fail and the british people will drift toward the exit. >> i spoke to unilever's paul pohlman to get his thoughts on the strained relationship with the european union and whether a potential u.k. exit is bad for business. >> if you create a certain level of uncertainty between now and 2017 or whatever the date is of a pro
economy. >>> now in a long-anticipated speech on the future of britain in the european union, prime minister cameron has warned that democratic consent from a u.k. membership is "wafer thin." speaking in london, he said he's in favor of having e.u. referendum but not at the moment and urged e.u. leaders to address the challenges currently alienating the electorate. >> there's a gap between the e.u. and citizens which has grown dramatically in recent years and which...
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Jan 15, 2013
01/13
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president said he will negotiate spending cuts but not with the economy hanging in the balance. >> full faith credit of the united states of america is not a bargaining chip. >>reporter: president challenge is a lot of people we talked to today had no real grasp of what it meant to raise the debt ceiling f.congress raises the debt cell what does it do. puts us more in debt. >> it allows him to borrow more money. >>reporter: half the people we talked to had no idea what the debt ceiling was. she blamed lawmakers. >> i believe honestly they make things purposely confuse to go do whatever they want. >>reporter: so if the president wants to turn up the heat on house republicans he has to make the issue clear and as bruce explains, republicans need to decide if they really want to stand their ground on this issue at the risk of economic down tivrnlt i think a lot has to do yes tea party you want to make a case is this the time to do it and right way to do it. that i think is boehner responsibility to explain that to his caucus members. my unitsing that's what he's planning to do over the nex
president said he will negotiate spending cuts but not with the economy hanging in the balance. >> full faith credit of the united states of america is not a bargaining chip. >>reporter: president challenge is a lot of people we talked to today had no real grasp of what it meant to raise the debt ceiling f.congress raises the debt cell what does it do. puts us more in debt. >> it allows him to borrow more money. >>reporter: half the people we talked to had no idea what...
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Jan 15, 2013
01/13
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north carolina's economy is based on a 1930 manufacturing base. unfortunately after we've studied this for the last six to eight months we've noticed serious problems, and that declining in me yan housing income. increased poverty and also a very high unemployment rate, none of which reflect a good economic environment. our goal is to have economic growth and create jobs. that's what we were elected to do. bill: we've seen in other states, florida for years, texas as well. what you would do is you would tax things that are currently not being taxed by the state, such as certain legal fees, accounting fees, spa services, and food. ultimately what would you get out of it? >> well, you have to look at some serious points. consumption-based sales and use tax very broad based on both goods and service efs is s is a very good economic driver as compared to the negative effect of income taxes which is a detriment to economic growth and jobs. what we believe is to expand the sales tax basin to goods and services, that is something that would absolutely cr
north carolina's economy is based on a 1930 manufacturing base. unfortunately after we've studied this for the last six to eight months we've noticed serious problems, and that declining in me yan housing income. increased poverty and also a very high unemployment rate, none of which reflect a good economic environment. our goal is to have economic growth and create jobs. that's what we were elected to do. bill: we've seen in other states, florida for years, texas as well. what you would do is...
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Jan 17, 2013
01/13
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CNBC
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the economy is morrow less back on track. we think there would be more proactive fiscal policies to come action but most of those announcements will come likely in march. >> the new government has made several nods towards urbanization, so we've seen material stocks go higher. investors like to think of china in the growth sector. is that where you see some of the best opportunities at this point? >> we do see a lot of those sectors did run up after the urbanization push and all of the news media coverage around it. we see more details on the exact urbanization probably in march or april, but at this point i think there's numerous ways to go. the obvious interpretation is more infrastructure investment, but other than the, premier to be has been very focused on the social safety net issues as well, saying he needs to migrate more people into the urban areas. you need to provide better health care and better social housing, so don'tunder estimate what we might see. >> another long-term issue is basic manufacturing is starting
the economy is morrow less back on track. we think there would be more proactive fiscal policies to come action but most of those announcements will come likely in march. >> the new government has made several nods towards urbanization, so we've seen material stocks go higher. investors like to think of china in the growth sector. is that where you see some of the best opportunities at this point? >> we do see a lot of those sectors did run up after the urbanization push and all of...
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Jan 15, 2013
01/13
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that hit markets and the wider economy hard, but it didn't cause interest rates to increase. this time could be different, however, because the rest of the world is getting its act together. even successful businesses like ford are worried. here's what ceo alan mulally told me today. >> i think the most important thing to your point is that we come together around a solution that allows us to live within our means, to reduce our budget deficits, and also to deal with our trade deficits, and create an environment where the businesses can grow in the united states. the most important thing is we come together with a comprehensive solution, not just working one piece or the other, but a comprehensive solution where we can start to grow the economy again for everybody. >> but the order in which we do things matters. first, raise the debt ceiling, allowing america to pay for its bills that it already racked up. then come up with a longer term plan that could put us back in fiscal good health. america's ability to meet its obligations should not be held hostage to an agreement on s
that hit markets and the wider economy hard, but it didn't cause interest rates to increase. this time could be different, however, because the rest of the world is getting its act together. even successful businesses like ford are worried. here's what ceo alan mulally told me today. >> i think the most important thing to your point is that we come together around a solution that allows us to live within our means, to reduce our budget deficits, and also to deal with our trade deficits,...